Latest Updates About PMP Salary
I happened to learn a juicy fact that life is none other than a project. Going through college and earning a degree after all hard work is a project. Getting a certificate is also a project. Taking a job, whether blue collar or white collar, is a project work, too. Searching out true love and getting married with children is a project. And by better project, you have better life. We can say that holding a PMP certification is just same as earning a license to a nicer life. That doesn’t mean you can’t live more comfortably without it. Also not mean if you cannot manage a project if you don’t have it. Just that it can be one of your choices to improve your skill-set, job opportunities and salaries. The value of the popular PMI PMP certification can be measured by a six figure earning. As per 2014 IT Skills and Salary Survey by Global Knowledge and Penton, PMP is ranked 5th in top 15 certifications that pay highest for 2014, with up to $108,525, only after Certified in Risk and Information Systems Control (CRISC) ~ $118,253, Certified Information Security Manager (CISM) ~ $114,844, Certified Information Systems Auditor (CISA) ~ $112,040 and Six Sigma Green Belt ~ $109,165. For your insight into latest PMP pay, I will dig into PMP income statistics in the US context to inform you of its national salary trend, pay classification by title, gender, popular city, popular school, popular enterprise, year, month and hour.
National salary trend
According to indeed.com, the national salary trend of PMP has witnessed a quite impressive increase from July 2012 to April, 2014. Specifically, the salary index during July, 2012 is steady at 1.00 before climbing near to 1.10 by January, 2013. It falls straight to about 0.95 during early summer and late autumn of 2013. By the time the fall disappears in the air, a considerable recovery of income index for this post is seen with the top of 1.15 or so in April.
PMP pay by title
According to statistics collected from indeed.com (as of January 19th, 2015), Task Order Manager earns highest with $185,000. Manager of Process Engineering needs $50,000 more to catch up with the first rank. Follow-ups are Lead IT Project Manager and Manager Pmo when both earn the same of $117,000. Certified Project Manager chases close, being paid $116,000. Other titles rounded in top 15 are Program Manager App, Workday Engagement Manager ($107,000), PMP Certified Project Manager ($102,000), R&d Project Manager ($98,000), Hbits Project Manager ($87,000), Faa IT Program Manager ($86,000), IS Project Manager ($84,000), Business Systems Analyst Manager Business Systems Analyst Manager ($82,000), Associate Category Manager ($50,000). Health Care Program Administrator stays in the end with $45,000.
PMP pay by gender
As updated in payscale.com, male PMP not only outnumbers the PMP of opposite gender but also enjoys better pay than female PMP. In other words, $56,462 – $116,316 is the salary range of female PMP while $65,556 – $127,408 when it comes to the male.
PMP pay by popular city
Also based on latest statistics by payscale.com, New York, New York heads the list of top-paying city for PMP with $75,377 – $144,355. It shows a humble difference from other rival cities. Those are, Washington, District of Columbia ($72,045 – $136,185), followed by Houston, Texas ($66,604 – $130,106), Atlanta, Georgia ($65,784 – $119,653), Chicago, Illinois ($65,419 – $122,291).
PMP pay by popular school
Payscale.com says Pennsylvania State University (Penn State) – Main Campus currently gives birth to most highly paid PMP ($73,966 – $131,630). Other fierce competitors are Texas A&M University – Main Campus ($72,764 – $122,728), University of Maryland – College Park ($71,288 – $130,252), Purdue University – Main Campus ($68,064 – $117,529) which is closely followed by University of Phoenix – Phoenix, AZ ($67,112 – $122,938).
PMP pay by popular enterprise
Pursuant to most current statistics by payscale.com , Deloitte Consulting LLP pays $75,752 – $140,148 to PMP, which is seen highest rate in the list. International Business Machines (IBM) Corp. strongly competes with it ($72,494 – $134,087). Booz, Allen, and Hamilton ranks the third with $67,770 – $119,253. The latter two are Hewlett-Packard Company ($62,327 – $117,261) and J.P. Morgan Chase & Co. (JPMCC) ($61,703 – $132,413).
PMP pay by year
As reported by pmpsalary.org, the median salary for PMP is $70,720 – $106,080 per year. If you are just a newbie to work as PMP, you could expect for starting salary of $58,240 – $87,360. Like most careers, your pay-rate is associated with your seniority. The longer you contribute to the company, the better pay you get. After some time, you absolutely can earn from $83,200 up to $124,800.
PMP pay by month
Your monthly basic salary will be in the range of $5,893 – $8,840. As a rookie to PMP, you can enjoy a starting pay of $4,853 – $7,280 per month. If you’re determined to pursue this career, you will entertain the flourishing job period with top monthly earnings of $6,933 – $10,400.
PMP pay by hour
On a hour basis, you can earn $32 – $47 as a PMP. The starting hour pay will be lower in the $26 – $39 range. You can make the top hourly salary of $37 – $56 after some time.
Latest Updates About PMP Salary
If you’re considering adding PMP certification, you should first find out how this certificate can benefit you regarding skill up, better positions and higher pay. Latest updates about PMP salary are newest statistics collected from different trusted and up-to-date sources to keep you, to some extent, stay most current with the PMP pay trends and navigate you to PMP salary ranges in the US. Let weigh them and some others before choosing whether to give your all in the hot PMP exam that can face you challenges, take you lots of time and cost you a fortune but may power your career and the like in return .